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Re:Tether USDT is depegging from dollar by LegitShady on Thursday November 10, 2022 @08:20AM (#33545985)
>people who are able to redeem who are incentivised to defend the peg

This doesn't make any sense. Either you can sell it for $1 or you can't. If you can then it's free money to buy tether from people selling below $1 and selling it back to tether for $1.

I would describe the relationship between tether and bf as more than "close" they have the same owner.

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